L.K. Benson & Company P.C. Acquires Shares of 2,572 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

L.K. Benson & Company P.C. bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, Holdings Channel reports. The institutional investor bought 2,572 shares of the company’s stock, valued at approximately $328,000.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $921,398,000. Commonwealth Equity Services LLC grew its position in Vanguard High Dividend Yield ETF by 8.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock worth $299,013,000 after buying an additional 179,703 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after acquiring an additional 121,099 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Vanguard High Dividend Yield ETF by 1.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock worth $230,233,000 after purchasing an additional 19,071 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $129.14 on Wednesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week high of $135.10. The firm’s fifty day moving average price is $131.48 and its 200-day moving average price is $130.09. The stock has a market cap of $59.38 billion, a P/E ratio of 18.95 and a beta of 0.83.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.